Wednesday, October 28th, 2009

How long does it take for a first-time credit card to raise your credit limit?

raise your credit limit
omg00dness asked:


I have a $700 limit and was curious as to when I would see it increase. I use it for college expenses (gas, once in a while, and semester books). Also, when will it start reporting to the credit bureaus about timely payments and such?
I pay off the full balance monthly. Also, I may use 75% of my credit limit at once, but I do pay it off immediately.
My jobs have not appeared on my credit report, will that make a difference?

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This entry was posted on Wednesday, October 28th, 2009 at 12:00 am and is filed under Credit Limits. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “How long does it take for a first-time credit card to raise your credit limit?”

Southern Belle ☆ Says:
October 28th, 2009 at 1:54 pm

The card will either report monthly or every three months and should show up on your credit within one to two monthly cycles. You shouldn’t expect to see a credit increase in the current credit market.

SlimMick Says:
October 29th, 2009 at 11:35 am

They should have started reporting to the credit bureaus right after your first official due date.

Regarding the credit limit…almost ALL credit card companies have frozen credit limits due to the economy…many have actually reduced credit limits.

xeliphias Says:
October 29th, 2009 at 1:10 pm

credit rate =debt rate, even if you use your credit card if you pay it off, likely you wont have that good of a credit rate…..

Judy Says:
October 31st, 2009 at 5:29 pm

It is going to be tricky to get that credit limit increased if you are carrying a balance. Credit card companies have tightened up.
The only way is to make sure you are not using more than 30% of your avaialbe credit and then give them a call. /

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